TSMC Reports Record Revenue in August

TSMC's record revenue signals strong chip demand for a major customer like AMD, which could have a short-term positive impact on the stock. However, AMD shares have risen 14% in the last 24 hours and the RSI is at 75, in overbought territory; this increases the risk of a short-term correction. The MACD is positive and the price is above the SMA20/50, so the trend is still upward. Although the news is positive, I think the upside may be limited due to overbought conditions. Still, the overall outlook is positive.

The news that TSMC achieved record revenue in August reflects the company's strong operational performance and rising demand for AI chips. The price has increased by 4.84% in 24 hours to 435.43 and closed above its 20-day moving average (433.85). The RSI at 61.23 has not approached overbought territory, indicating that upward potential may continue. However, the MACD remaining below its signal line (3.62 vs 4.42) suggests that short-term momentum has weakened. Due to the news, an upward movement is likely within 1-3 days, but the negative MACD outlook and possible profit-taking could lead to a limited rise.

TSMC's record revenue in August can be interpreted as a strong demand signal for the semiconductor sector and thus for ASML. ASML's stock has risen over 5% in the last 24 hours and its RSI is at 52, in neutral territory; this indicates room for upward movement without overbought pressure. However, the MACD is below the signal line and the price is slightly below the 20-day moving average, suggesting some short-term resistance. If, with the impact of the news, the stock tests the 20-day average (1736) and closes above it, the upward trend may strengthen. Nevertheless, overall market conditions and sector dynamics should be monitored; although the news is positive, technical indicators are giving mixed signals.

TSMC's record revenue in August indicates strong demand for artificial intelligence and semiconductors, a positive signal for chipmakers like NVDA. However, NVDA stock has fallen 2.5% in the last 24 hours to 223.7, with an RSI of 41 indicating weak momentum. The MACD is in negative territory and the price is below the 20-day moving average, suggesting short-term pressure may persist. Although the news is positive, technical indicators are mixed; therefore, I believe the impact may be limited. In the 1-3 day horizon, a recovery attempt could be made with the support of the news, but a sustained rise requires an improvement in the technical outlook.